Finance Head (Malawi) at GIPL

Ideal candidate will be ACCA from UK with at least 10 years experience

Industry exposure: Manufacturing

Job responsibilities

• Overall responsible of managing the Finance Team.
• Monthly Management reporting with detailed analysis of sales and profit along with comparison with prior Rolling Estimate, Annual Business Plan and Previous Year.
• Manage the company’s operations working capital and capital expenditure.  
• Ensure compliance of all applicable statutory and legal requirements; payment of PAYE/WHT & filing of PAYE / WHT returns - Monthly / Quarterly / Annual; timely filing of the company's annual tax returns.
• Coordinate and lead the annual audit process, this includes planning and managing internal/statutory/ external audits.
• Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
• Liaise with and provide support to HOD’s regarding departmental budgets, expenditures and financial reporting, this includes monitoring the budget implementation and advice on reallocation of funds when/where necessary.
• Ensure that all company assets records are well maintained in accordance with the accounting standards.
• Monitor depreciation of company assets to ensure that the provisions are made in accordance with the accounting standards.
• Plan, direct, and co-ordinate risk and insurance programs of establishments to control risks and losses.
• Analyze, classify risks and determine their potential impact on the company.  Prepare operational and risk reports for management analysis.
• Direct insurance negotiations and ensure that internal processes are adhered to ensure our claims are honoured should there be any in the year.
• Prepare Board Meeting documents and the circulation of the same to all the board members one week prior to the meeting.
• Update and implement all necessary finance policies and accounting practices from time to time in consultation with other senior finance officers.
• Set up and continuously evaluate internal control systems in line with changing demands, and ensure they are appropriately designed to serve the best interest of Safintra Malawi
• Work closely and transparently with all external partners including third-party vendors and consultants